Benzinga - by Avi Kapoor, Benzinga Staff Writer. U.S. stock futures were
The Justice Department is expected to file an anti-trust lawsuit against
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Live Nation reportedly may be facing an antitrust lawsuit as early as May. The Justice Department is preparing to sue the concert promotion and ticketing company after investigating its size and negotiating power in its field, The Wall Street Journal (WSJ) reported Monday (April 15). The suit will allege that Live Nation, which is the parent company […]
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The Justice Department is planning to file an anti-trust lawsuit against Live Nation.
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The Justice Department reportedly plans to sue Live Nation, the ticket and entertainment giant, 14 years after it allowed Live Nation to acquire Ticketmaster. The Wall Street Journal reports the antitrust lawsuit will allege that Live Nation undermined competition for ticketing live events. NBC News' Brian Cheung reports.
Live Nation Entertainment may face an antitrust lawsuit from the Justice Department as soon as next month, The Wall Street Journal reports. The agency began investigating the Ticketmaster parent for potential abuses of power in 2022, amid outcry over various ticketing failures for Taylor Swift’s Eras Tour. The lawsuit would allege that Live Nation’s concert promotion and ticketing operations have undermined competition in the live music market, The Journal reports, citing sources familiar with...
The Department of Justice's antitrust division is reportedly getting ready
The agency has probed the concert giant’s heft and negotiating power in ticketing and venues.